Quick peek for closing & day.
Suggested ~1262 if reached is better than 1274 for bulls gave pretty quick reversal I can see.
Daily RSI has done now roll-over and lazy zigzag path for possible B upwave is under progress. It could breake for instance abc-X-abc double zigzag or even triple.
Rocky path ahead and very unplesant if it keeps it as zigzag as suggested but it should be leading for 1310-1320 area which again is attractive short set also, again.
I somehow think todays dynamic action will not be seen however. A little mad candle is there only because it did reached 86.2% from previous bottom to change it for this passive ZigZag upwave.
Alternates ?
No alternates, there is 3 higher lows now. Only violation of 1244 would change everything or ZigZags are alternates, all of them.
This suggested drawing is potentially only first part of the ZigZag family pattern for Daily Chart Contracting Triangle D wave as internal A wave, which would cracked down as B wave once finished, then finally leading C up for higher where it ends entire D wave of contracting triangle to crack again back to this low above 1244 or exact to finish C wave.
Fun market.
Edit: Updated entire chart even it hasn´t changed anywhere since but might suggest the speed and complexity starts to spread by time now-on. D waves particulary are very complex one´s and takes time to build.
